Kava is a decentralized financial services platform. Kava’s principle product is a DeFi lending platform for cryptocurrencies. Kava is built on the Cosmos blockchain and Kava makes use of a collateralized debt position (CDP) system to ensure stable coin loans are always sufficiently collateralized. Kava is a Layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.
The KavaDAO is a fully Decentralized Autonomous Organization (DAO) governing The Kava Network. The Kava Network uses developer-optimized co-chain architecture. The Ethereum Co-Chain enables support for EVM smart contracts while the Cosmos Co-Chain enables the lightning-fast Tendermint consensus engine and the Inter Blockchain Communication (IBC) protocol. The Kava Network features a native governance and utility token, KAVA, which can be staked by validators or delegated to validator nodes.
Kava Labs is the primary contributing team to the Kava Network. The company’s mission is to establish the Kava Network as a top-five Layer-1 blockchain by properly empowering and incentivizing the developers that drive growth and usage for Layer-1 ecosystems. Kava Labs has approximately 40 full-time employees distributed across North America, Asia, and Europe.
Kava Labs is co-founded and led by the following 3 key people in the leadership positions:
Brian Kerr - He is the Co-Founder and Board Member of Kava Labs. He is the former CEO of Kava Labs. Prior to getting into Blockchain, he was responsible for co-founding and growing the exports organization Fnatic. He previously worked as an advisor for several digital asset-focused companies, including Snowball and DMarket.
Scott Stuart - He is the Co-Founder and Chief Executive Officer of Kava Labs. He served as the Head of Product for Kava Labs from 2017 to 2021, when he took over as CEO from Brian Kerr. Prior to his role at Kava, he founded the successful advertising technology company, AppEase.
Ruaridh O’Donnell - He is the Co-Founder and Software Engineer of Kava Labs. He is a Software Developer and Entrepreneur with a track record in research and innovation. He led machine learning groups before working on data analysis and fraud detection systems with AppEase.
